1. ZEW Discussion Paper Nr. 03-59 // 2003

    The Role of Transaction Costs and Risk Premia in the Determination of Climate Change Policy Responses

    Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and emissions trading. However, they can have a significant influence. With regard to the…

  2. ZEW Discussion Paper Nr. 03-58 // 2003

    Wie lässt sich die gesetzliche Pflegeversicherung mit Hilfe personengebundener Budgets reformieren?

    Vor dem Hintergrund des steigenden Kostendrucks und eines Rekorddefizits der gesetzlichen Pflegeversicherung von 400 Mio. € in 2002 setzt die Rürup-Kommission in ihren Reformplänen für die gesetzliche…

  3. ZEW Discussion Paper Nr. 03-57 // 2003

    The Impact of Training on Earnings – Differences Between Participant Groups and Training Forms

    While there is a broad literature on the general wage effect of training, little is known about the effects of different training forms and about the effects for heterogeneous training participants. This…

  4. ZEW Discussion Paper Nr. 03-55 // 2003

    Microdata Disclosure by Resampling – Empirical Findings for Business Survey Data

    A problem statistical o±ces and research institutes are faced with by releasing micro-data is the preservation of confidentiality. Traditional methods to avoid disclosure often destroy the structure of data,…

  5. ZEW Discussion Paper Nr. 03-54 // 2003

    The Effects of Regional and Industry – Wide FDI Spillovers on Export of Ukrainian Firms

    In this paper we investigate the effects of region and industry–wide spillovers from foreign direct investment (FDI) on the volumes of export of Ukrainian manufacturing firms, using unpublished panel data from…

  6. ZEW Discussion Paper Nr. 03-53 // 2003

    The Impact of ICT on Profit Allocation within Multinational Groups: Arm’s Length Pricing or Formula Apportionment?

    The use of information and communication technologies (ICT) within multinational groups leads to a rising number of intragroup cross-border transactions. At the same time, transactions and the organisational…

  7. ZEW Discussion Paper Nr. 03-51 // 2003

    Local User-Producer Interaction in Innovation and Export Performance of Firms

    There is ample evidence that user-producer interaction is an important factor for successful innovations. It is often claimed that user-producer interaction is most effcient in close proximity. On the other…

  8. ZEW Discussion Paper Nr. 03-49 // 2003

    Do Fixed-Term Contracts Increase the Long-Term Employment Opportunities of the Unemployed?

    The paper investigates whether (unsubsidised) fixed-term contracts (FTCs) are a means of integration for the unemployed in the West German labour market. This is done by analysing whether entering into an FTC…

  9. ZEW Discussion Paper Nr. 03-48 // 2003

    What Determines the ZEW Indicator?

    This paper analyzes which factors are driving the ZEW Indicator of Economic Sentiment. Using the results of a poll among survey participants as well as Granger causality tests we identify three groups of…